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European Union

European Court of Human Rights

UAE scolds EU over Human Rights resolution

The European resolution was not backed up by any threat of action against the UAE, but international criticism of the U.S. ally in the Gulf has caused friction in the past.

October 27, 2012 9:31
 
India and China imports

China criticises new EU sanctions on Iran

China is Iran's largest crude oil customer and, along with Russia, has resisted putting sanctions on Tehran.

October 16, 2012 1:52
 
Nobel Peace Prize center in Oslo

EU wins Nobel Peace Prize

While welcomed by European leaders, the award will have little practical effect on the debt crisis afflicting the single currency zone.

October 13, 2012 8:47
 
David Van Oss Interview

INTERVIEW: David Van Oss

David Van Oss, Principal Consultant of PRTM Management Consultants, talks about challenges in the eurozone and American presidential elections.

June 4, 2012 4:30
 
IMF sounds warning for global economy in rising oil

IMF sounds warning for global economy in rising oil

The International Monetary Fund (IMF) flagged higher oil prices as a rising threat to the global economy on Friday, urging policymakers to keep a close eye on western tensions with Iran, which is facing punitive measures against its crude supplies.

February 25, 2012 12:14
 
Banking’s SWIFT says ready to block Iran transactions

Banking’s SWIFT says ready to block Iran transactions

Belgium-based SWIFT, which provides banks with a system for moving funds around the world, bowed to international pressure on Friday and said it was ready to block Iranian banks from using its network to transfer money.

February 19, 2012 10:09
 
Etihad interested in talks on Aer Lingus

Etihad interested in talks on Aer Lingus

Abu Dhabi's Etihad is interested in holding talks with the Irish government over the sale of its 25 percent stake in Aer Lingus, the Middle East airline's Chief Executive James Hogan told the Irish Independent newspaper.

February 11, 2012 6:16
 
Cyprus to open oil and gas round mid-Feb

Cyprus to open oil and gas round mid-Feb

Cyprus will announce a second hydrocarbons licensing round for oil and gas offshore in mid-February, its energy minister said on Tuesday.

February 7, 2012 3:29
 
Iran oil chief: sanctions to hit EU buyback

Iran oil chief: sanctions to hit EU buyback

Iran lawmakers may ban crude exports to EU within days; NIOC chief says this could hurt companies owed Iranian oil; Italy's ENI has said Iran owes it $1.4-1.5 bln in oil

January 29, 2012 11:12
 
Brent rises above $111 on demand growth hopes, Iran threat

Brent rises above $111 on demand growth hopes, Iran threat

Asian stocks pause after rallying on Fed, gold up; EU will lose, rather than Iran, from sanctions, says Ahmadinejad; Brent to revisit low of $108.91/bbl

January 28, 2012 1:28